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Capitalize on the Opportunities Hidden in Spending Data

Careful analysis of corporate spend can lead to invaluable insights and opportunities. But many businesses ignore or fail to take full advantage of the opportunity hidden in their spend data.

As Bibuy, which acts with the vision of combining corporate processes with innovation, with the Spend Analysis Management Module we offer, we take companies on a digital transformation journey at the point of their spending and help them uncover hidden opportunities in their spending.

Unify Your Data on a Single Platform

The Expenditure Analysis Management Module pulls all expenditure data from ERP systems, procurement records and accounting software and combines them on a single platform. It corrects the data from the sources, eliminates inconsistencies and creates a seamless data repository platform.

Detailed Analysis with Artificial Intelligence Supported Algorithms

Our module categorizes your massive datasets with AI-powered algorithms. This categorization process is separated according to product and service types, suppliers, departments and geographical locations. Thus, you can reach much more comprehensive and detailed analysis.

The Spending Analytics Module processes your categorized and disaggregated data with the most advanced statistical methods and machine learning techniques and reveals your spending patterns, trends, anomalies and potential savings areas. It helps you gain comprehensive insights, enabling you to make smarter decisions.

Visualization and Reporting Power

Insights alone are not enough for organizations. It is necessary to easily understand and assimilate these analyses and determine action plans. This is exactly where the reporting and visualization power of our Spend Analysis Management Module comes into play.

Utilizing interactive tables, detailed graphics and geographical mapping, our Spending Analysis Module presents all your spending data with impressive and understandable visuals. It allows you to determine your corporate strategies with these visuals.

Budget Control and Demand Optimization

The features of our Expenditure Analysis Module are not limited to analysis and reporting. It also provides you with tools to support your budget planning. Thanks to our Analysis Module, you can easily define your annual and monthly budget targets, compare your current expenditures with these targets and learn your current status. You can take action and take precautions in case of deviations.

Audit Supplier Performance

The Spend Analysis Module also allows you to analyze procurement performance. It allows you to drill down into your spend data on suppliers and monitor their profitability and delivery times. Thus, by reviewing your existing suppliers, you can discover new corporate opportunities and achieve much more planned supply chain strategies.

Synthetic Data Generation and Simulation

Our Spend Analysis Module can also generate synthetic or hypothetical data sets with the priority of innovation. Based on your real data, it can create artificial data sets for possible future scenarios. Thus, it allows you to make more accurate future predictions and projections.

Thanks to our Spend Analysis Module, you can simulate the increase in demand in different groups, predict its effects on your suppliers and budget, and take precautions. Such a powerful simulation and planning feature will greatly shape your strategic corporate decisions.

Take the right step to start an organization-wide transformation. Request our free live demo now to take advantage of the benefits of our Spend Analysis Management Module. Get ready to take a big step into the future!